About an hour ago I brought you the ERX trade idea (long) as it was down 3.2% and at a low level of risk, below support.
Now...
ERX is above that support level it had broken below and started to move up, it's still in a reasonable risk/reward area, but the risk was lower an hour ago.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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